T. Rowe Price: Parents are Less Stressed About College Costs and Getting Wiser About Covering Them
"It's hard to say whether the 2018 findings are an anomaly or whether this may represent a shift in parents' thinking about college costs.
- "It's hard to say whether the 2018 findings are an anomaly or whether this may represent a shift in parents' thinking about college costs.
- T. Rowe Price encourages parents to invest in their kids' futures by saving for their college education and discussing money matters with them at least weekly.
- Fewer parents are losing sleep over college costs: Only 27% of parents report losing sleep over college savings costs this year, compared with 41% who reported the same in 2017 and 42% in 2016.
- Many parents have more than $25,000 saved to cover college costs: Among parents who have money saved for their kids' college, 39% have $25,000 or more saved.